$ai16z Token Surges as Whales Stack Millions in Tokens

Two major cryptocurrency investors, known as whales, have made significant purchases of the $ai16z token recently, according to data from Lookonchain and PANews.

One whale, identified by the address E9uD…Y9cf, bought 3.09 million $ai16z tokens worth $2.46 million just two hours ago. Over the past month, this whale has accumulated a total of 18.7 million $ai16z tokens valued at $15.72 million. 

This investment has already resulted in an unrealized profit of approximately $7.36 million, with the tokens purchased at an average price of around $0.45.

Another whale, 6gqH…dyDo, made a substantial purchase of 1.4 million $ai16z tokens for $1.27 million just 15 hours ago. In the past week, this whale has bought 7.2 million $ai16z tokens, totaling $6.05 million. The unrealized profit for this investor currently stands at $1.13 million, with an average cost of $0.68 per token.

These large purchases highlight the growing interest in the $ai16z token, with both whales seeing significant gains from their investments in a relatively short period.

In addition to the $ai16z tokens, A Whale recently increased its holdings in other digital assets, including 2 million GRIFFAIN and 5,680 WSOL. This investor’s total holding in $ai16z now amounts to 18.7 million tokens, worth approximately $15.83 million, making up about 1.7% of the total token supply. The whale’s average cost per token is $0.48, resulting in a floating profit of $6.9 million.

Also Read: Whale Transfers $17M ETH to Binance Amid Sell-Off Wave